Steven Madden layoffs, on the record
Every job cut, severance charge and restructuring Steven Madden reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 4,200 to approximately 6,300.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 4,200 | February 1, 2024 |
| 10-K for 2024 | approximately 4,800 | February 1, 2025 |
| 10-K for 2025 | approximately 6,300 | February 1, 2026 |
Job cuts, severance and restructuring
Our summaryThe company recorded severance and office restructuring costs in 2023 within operating expenses.
Word for word“Operating expenses in 2023 included severance and a certain office restructuring costs of $3,803 and acquisition costs of $2,443 primarily related to the acquisition of Almost Famous and international joint-ventures.” 10-K for 2023
Our summaryThe Wholesale Footwear segment recorded severance and office restructuring costs in 2023 within operating expenses.
Word for word“Operating expenses in 2023 included severance and a certain office restructuring costs of $1,546 and acquisition costs of $929 related to newly formed international joint ventures.” 10-K for 2023
Our summaryRecorded expense for certain severances and termination benefits across the company in 2024.
Word for word“Operating expenses in 2024 included an expense of $6,378 related to acquisition costs, the formation of new international joint ventures, and the reorganization of foreign entities, $3,377 related to legal costs as a result of litigation settlements and earnout-related litigation, $3,199 related to a loss on the divestiture of a business, $1,758 related to certain severances and termination benefits, and $326 of working capital adjustment in connection with the Almost Famous acquisition.” 10-K for 2024
Our summaryRecorded expense for certain severances and termination benefits in the Wholesale Footwear segment in 2024.
Word for word“Operating expenses in 2024 included $1,161 related to legal costs as a result of certain litigation settlements, $387 related to certain severances and termination benefits, and $278 related to acquisition costs and the formation of new international joint ventures.” 10-K for 2024
Our summaryRecorded expense for certain severances and termination benefits in the Wholesale Accessories/Apparel segment in 2024.
Word for word“Operating expenses in 2024 included $1,335 related to legal costs as result of litigation settlements and earnout-related litigation, $1,180 related to certain severances and termination benefits, $677 related to acquisition costs and the formation of new international joint ventures, and $326 of working capital adjustment in connection with the Almost Famous acquisition.” 10-K for 2024
Our summaryThe company recorded charges for certain severances and termination benefits in the current year, compared with a smaller amount in the prior year.
Word for word“The current year also included charges of $13,317 related to acquisition costs and the formation of joint ventures, $7,344 related to legal costs as a result of litigation settlements, and $4,030 related to certain severances and termination benefits.” 10-K for 2025
Our summaryThe Wholesale Footwear segment recorded charges for severances and termination benefits in the current year.
Word for word“The current-year included charges of $1,592 related to legal costs as a result of litigation settlements, $1,438 related to certain severances and termination benefits, and $97 related to acquisition costs and the formation of joint ventures.” 10-K for 2025
Our summaryThe Wholesale Accessories/Apparel segment recorded charges for severances and termination benefits in the current year.
Word for word“The current year included charges of $3,372 related to legal costs as a result of litigation settlements, $449 related to certain severances and termination benefits, and $355 related to acquisition costs and the formation of joint ventures.” 10-K for 2025
Our summaryThe segment that includes the Kurt Geiger acquisition recorded charges for severances and termination benefits in the current year.
Word for word“The current year also included charges of $9,312 related to acquisition costs in connection with the Kurt Geiger acquisition and the formation of joint ventures, $1,453 related to legal costs as a result of litigation settlements, and $1,384 related to certain severances and termination benefits.” 10-K for 2025
| Fiscal year ended | Severance costs |
|---|---|
| 2016-12-31 | $381,000 |
Steven Madden has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Steven Madden’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-03-02. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.